ASX Release

22 April 2016

Dexus and DWPF settle on the acquisition of 100 Mount Street, North Sydney

Dexus (Dexus) and Dexus Wholesale Property Fund (DWPF) today announced the
settlement of the acquisition of 90 and 100 Mount Street in North Sydney (“100 Mount Street”) for an
initial acquisition price of $41.0 million.

As previously announced to the Australian Securities Exchange on 11 February 2016, Dexus and DWPF will
develop 100 Mount Street, North Sydney as a 34-level premium office tower spanning 41,163 square
metres. This prime development site occupies one of the best locations in North Sydney on the corner of
Mount and Walker Streets with a third street frontage to Spring Street. The site has prime retail exposure
and benefits from its proximity to key transport infrastructure, in addition to excellent natural light and
Harbour views from its eastern and southern aspects.

The development has commenced with a staged practical completion from June 2018 to December 2018 to
enable early access prior to final practical completion. A long term lease across 6,229 square metres has
already been secured with Laing O’Rourke Australia from final practical completion in December 2018,
with lease up expected to continue throughout 2019.

Dexus today announced that it has secured Australian infrastructure and property company, John Holland, on a long term lease across 7,700 metres at its new office development at 180 Flinders Street, Melbourne.